Summit Laghubitta Urges Shareholders to Pay Tax for 25.28% Bonus Shares

Summit Laghubitta Bittiya Sanstha (SMFDB) has urged its shareholders to pay the tax amount for 25.28% bonus shares.

The 13th AGM of the company endorsed a 25.285316% dividend for the fiscal year 2077/78. The 17th meeting of the board of directors held on Mangsir 13 decided to distribute the dividend on the paid-up capital of Rs. 39.43 crores. The entirety of the dividend has been proposed in bonus shares. Thus, 25% bonus shares are worth Rs. 9.97 crores.

The bonus shares have already been listed in NEPSE. Shareholders maintained before joint operation after the acquisition of Sajilo Laghubitta had received tax exemption on bonus shares. However, shareholders who bought the shares after the commencement of joint operation (6th Ashoj, 2078) will have to pay the tax amount on the dividend proposed.

The details of the tax amount that a shareholder has to pay can be found on the website of the share registrar Civil Capital Market.

The tax amount should be paid to the following account while mentioning the shareholder's account number, name, and phone number/ email:

Bank: Civil Bank Limited., C.T.C Mall, Sundhara, Kathmandu
Name: CCML (SMFDB/ BONUS TAX 77.78)

Account Number: 00210000482689

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